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Rare Ferrari sells for staggering £10 million

A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.

First Sight: Daimler-BYD electric car design renderings leak out

Computer renderings of an electric car, being jointly developed by BYD Co., a Chinese battery and car producer that began making cars only less than a decade ago, and Daimler AG with more than a century of experience - were leaked for the second time this year. The car marks a critical juncture for the young Chinese carmaker based in the south China industrial hub of Shenzhen, just a stone's throw away from Hong Kong. It is also a key initiative in China, now the world's biggest auto market, for Daimler.

London Congestion Charge jumps 15% to £11.50 a day

London Congestion Charge jumps 15% to £11.50 a day – and even a normal Prius must pay We all moaned when the London Congestion Charge zone was put in place in 2003 and we had to pay £5 a day to drive in London during the day on weekdays. But it’s gone up a bit since then. By 2011, it was costing twice as much – £10 a day – for the dubious privilege of driving in London, but having resisted the temptation of putting the price up for the last three years, Transport for London has announced it will be charging 15 per cent more from 7am on 16 June 2014 for your daily commute – that’s a whopping £11.50.